A Stock Is Bought for $22

question 116

Multiple Choice

A stock is bought for $22.00 and sold for $26.00 one year later,immediately after it has paid a dividend of $1.50.What is the capital gain rate for this transaction?

• A)0.27%
• B)4.00%
• C)15.00%
• D)18.18%
• E)20.00%

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Definitions:

Program Flow

The sequence and logic of execution of the instructions in a software program.

Action Catalog

A comprehensive collection or database of actions or operations that can be performed in a software environment or application.

Conditional Statements

Instructions in programming that perform different actions based on whether a specified condition is true or false.

And Operator

A logical operator used in programming and mathematics that returns true only if all the operands are true.